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Inflation decline hinged on the pursuit of a tight monetary policy stance is not sustainable in the long term due to its ...
Unlike floating exchange rates, a peg provides predictability. Businesses can plan, importers and exporters can price more ...
HARARE – Zimbabwe’s foreign currency reserves have soared past US$600 million, marking a major turning point in the country’s ...
Spread This News Business Insider Africa Zimbabwe’s local currency, the ZiG, is at risk of failure due to policy missteps and ...
A liquidity crunch in Zimbabwe is deepening the economy’s embrace of the US dollar and undermining the bullion-backed ...
HARARE, Oct. 25 (Xinhua) -- Zimbabwe's monthly inflation soared to 37.2 percent in October, marking a return to double-digit inflation after monetary authorities devalued the local currency a ...
Zimbabwe has clocked a full year since adopting of the Zimbabwe Gold (ZiG) currency, which has achieved commendable stability ...
Economic crises since the 1990s led to a sharp rise in Zimbabwe’s informal economy, hence some call the country a nation of vendors.
Botswana-based retail giant Choppies Enterprises Limited has confirmed it incurred a loss of P14 million (approximately ...